This property might be a fair Airbnb investment with a projected 0.1% first-year return on $59,979 initial cash invested.
0.1%
Cash On Cash
7.54%
Cap Rate
1.12
DSCR
$3,230
Rent
$5
Cashflow
Cash Flow
$3,230 income − $3,225 expenses = $5 cash flow
Investment Breakdown
|
Purchase Price
$200k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,979
Downpayment
20%
$39,980
Closing costs
1%
$1,999
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$3,230
Total Expenses
$3,225
Mortgage P&I
35%
$1,122
Property Taxes
15%
$483
Home Insurance
2%
$70
HOA
0%
$0
Property Management
15%
$484
CapEx
4%
$129
Vacancy
0%
$0
Maintenance
4%
$129
Other
25%
$808